18-4025 Glenwood Rd, MOUNTAIN VIEW, HI 96771

$995,000
3
BD
3
BA
1,728
SqFt

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List Price
$995,000
MLS #
734060
Days on Market
5
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full Baths
2
Half Baths
1
Living Area
1,728
Land Area
435,600
Land Tenure
Fee Simple
Neighborhood
Olaa Reservation Lots
Subdivision
Olaa Reservation Lots

Property Description

TREMENDOUS INCOME PRODUCING PROPERTY!! 5 RENTAL UNITS, WELL-MAINTAINED, IN PRISTENE CONDITION MANAGED BY 3 CONSTRUCTION PROFESSIONALS WITH VERY HIGH STANDARDS. THIS IS A "TURNKEY" OPERATION, READY TO PRODUCE INCOME IMMEDIATELY FOR THE FORTUNATE, NEW OWNER. EACH UNIT IS TASTEFULLY DESIGNED WITH TOP OF THE LINE, ARCHITECTUAL FLOORING, ACCENTED MOLDING AND TRIM, MAKING FOR AN INVITING STUDIO TO ALL WHO ENTER! EVERY UNIT HAS A MODERN BATHROOM WITH EXQUISITE FIXTURES, PAMPERING THE TENANTS IN A RELAXING ENVIRONMENT! PROPERTY DETAILS: $7,150. MONTHLY RENTAL INCOME! NOI : $78,544. CAP RATE : 7.89% $25,000. ROOFING CREDIT! POWER: SUBSTANTIAL! 200 AMP PANEL SUPPLY! NEW UPGRADED ROOF MAST! HAWAIIAN TELCOM HIGH-SPEED INTERNET PROVIDED TO EACH UNIT! $5,000. EARNEST MONEY DEPOSIT REQUIRED WITH ALL OFFERS. 1 OWNER WILL BE AVAILABLE FOR PROPERTY MANAGEMENT AND MAINTENANCE. FEE NEGOTIABLE. OLAA RANCH IS AVAILABLE TO THE NEW OWNER, OFFERING A SOLID PROPERTY ,10 BEAUTIFUL ACRES IN THE HAWAIIAN RAIN FOREST, WITH PROVEN INCOME!!

Additional Information

Island
Big Island
Utilities
Cable Available, Electricity Available, Phone Available
View
Forest
Lot Size
435,600
Neighborhood
Olaa Reservation Lots
Frontage
Road/Street
Year Built
1988
Sewer
Cesspool
Annual Property Tax
$4,506
Parking Features
Assigned
Lot Features
Corner Lot, Grassy, Wooded
Zoning
A-5A
Water
Catchment

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Listing courtesy of Coldwell Banker Island Properties - Hilo.

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